Goal Tending | Start-Up Businesses Do Not Have Room For Dead Weight
Financial Goal | What Other Products Or Services Would Be Of Value To Them?
89. Believe
Not only do you need to believe in the product or service you are building to success, you also need to believe in you.
Your confidence is what will get you through the difficult challenges and build credibility with your customers.
90. Know your Customers
You should know, really know, your customers, especially your top ten. Find out what they like and dislike. What other products or services would be of value to them? These very relationships are what will keep your business going. It is crucial to consider your customer's desires all of the time.
91. Plan your Costs
Unbelievably, there are thousands of entrepreneurs that start a business without the foggiest idea of what their costs are going to be. Either there is an estimation that is way overstated or understated.
From the very beginning, you need to have a strong handle on knowing what you will need to get your business started and keep it running. Additionally, you need to have projections for your future success. Know your numbers and make sure they are accurate.
92. Timing is Everything
You have probably heard it before timing is everything. Especially when it comes to opening a business, there is a right and a wrong time to start a business. This would be extremely important if your business has cycles or is seasonal.
For example, if you are starting a business to do landscaping, the winter months when snow is on the ground is not the right time. You can be working toward your Business Plan, marketing ideas, finding investors, if required, etc., during those cold months, but you certainly would not want to open your doors for the first time in the heart of winter.
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